Janney Montgomery Scott LLC Sells 16,157 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Janney Montgomery Scott LLC lowered its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW) by 29.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,921 shares of the real estate investment trust’s stock after selling 16,157 shares during the period. Janney Montgomery Scott LLC’s holdings in Medical Properties Trust were worth $235,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Northern Trust Corp raised its position in Medical Properties Trust by 60.8% during the fourth quarter. Northern Trust Corp now owns 6,309,149 shares of the real estate investment trust’s stock worth $24,921,000 after acquiring an additional 2,385,081 shares in the last quarter. APG Asset Management US Inc. acquired a new position in shares of Medical Properties Trust during the 4th quarter worth about $5,209,000. Hudson Bay Capital Management LP bought a new stake in shares of Medical Properties Trust in the 4th quarter valued at about $4,562,000. Raymond James Financial Inc. bought a new stake in shares of Medical Properties Trust in the 4th quarter valued at about $2,114,000. Finally, Centiva Capital LP lifted its stake in Medical Properties Trust by 275.8% in the 4th quarter. Centiva Capital LP now owns 721,636 shares of the real estate investment trust’s stock valued at $2,850,000 after purchasing an additional 529,609 shares during the last quarter. Institutional investors and hedge funds own 71.79% of the company’s stock.

Medical Properties Trust Price Performance

Shares of NYSE MPW opened at $4.38 on Monday. The firm has a market cap of $2.63 billion, a P/E ratio of -1.58 and a beta of 1.29. The business’s 50 day moving average is $4.72 and its 200-day moving average is $4.89. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 1.99. Medical Properties Trust, Inc. has a 1-year low of $3.51 and a 1-year high of $6.55.

Medical Properties Trust (NYSE:MPW) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). The firm had revenue of $223.80 million for the quarter, compared to analyst estimates of $233.80 million. Medical Properties Trust had a negative return on equity of 31.14% and a negative net margin of 174.35%. The firm’s quarterly revenue was down 17.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.24 EPS. Equities research analysts predict that Medical Properties Trust, Inc. will post 0.78 earnings per share for the current year.

Medical Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Wednesday, June 18th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date of this dividend is Wednesday, June 18th. Medical Properties Trust’s dividend payout ratio is currently -11.55%.

Analysts Set New Price Targets

MPW has been the topic of a number of recent analyst reports. BNP Paribas raised Medical Properties Trust from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $5.00 to $9.00 in a research report on Wednesday, March 12th. Royal Bank Of Canada decreased their target price on Medical Properties Trust from $5.00 to $4.50 and set a “sector perform” rating on the stock in a report on Monday, June 30th. Wells Fargo & Company increased their price target on Medical Properties Trust from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Monday, March 10th. Finally, Wall Street Zen downgraded Medical Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $5.67.

Medical Properties Trust Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.